vat and sales tax

663 views 3 replies

Hi Friends,

What is the difference between VAT and Sales tax

Replies (3)

sales tax is paid on sales value, 

vat is paid on only valued added portion only

 

both are calculated on sales value

vat has input credit facility to avoid double taxation

Satish

Sharma ji right.

Please let me know when Sales tax is applicable and when VAT is applicable


CCI Pro

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